Hess Other Non Cash Items vs Free Cash Flow Analysis

HES Stock

USD 142.41 2.60 1.86%

Hess financial indicator trend analysis is much more than just examining Hess latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hess is a good investment. Please check the relationship between Hess Other Non Cash Items and its Free Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Other Non Cash Items vs Free Cash Flow

Other Non Cash Items vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hess Other Non Cash Items account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.

The correlation between Hess' Other Non Cash Items and Free Cash Flow is 0.08. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Hess Corporation, assuming nothing else is changed. The correlation between historical values of Hess' Other Non Cash Items and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Hess Corporation are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Other Non Cash Items i.e., Hess' Other Non Cash Items and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.08

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Other Non Cash Items

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Hess' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hess current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Hess' Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 201.7 M in 2025, despite the fact that Discontinued Operations is likely to grow to (41 M).

	2022	2023	2024	2025 (projected)
Total Operating Expenses	3.9B	2.5B	2.9B	2.4B
Cost Of Revenue	3.4B	2.3B	2.6B	2.5B

Total Operating Expenses Cost Of Revenue

Hess fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Current Deferred Revenue	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		-0.01	0.84	0.81	0.96	0.97	0.03	0.89	-0.03	0.99	0.21	-0.03	0.78	0.65	0.78	0.32	0.83	-0.32	0.9	0.86	-0.08	0.7	0.32	-0.75	0.64	0.31
Short Long Term Debt Total	-0.01		-0.21	-0.04	-0.2	0.03	0.89	-0.4	0.12	0.03	0.21	0.12	-0.04	0.51	0.46	-0.61	-0.32	0.47	0.27	-0.15	0.63	-0.24	-0.17	0.24	0.53	0.76
Other Current Liab	0.84	-0.21		0.97	0.8	0.72	0.01	0.81	-0.43	0.8	-0.11	-0.43	0.97	0.59	0.52	0.72	0.97	-0.65	0.82	0.9	-0.05	0.95	0.59	-0.96	0.36	0.14
Total Current Liabilities	0.81	-0.04	0.97		0.74	0.68	0.18	0.71	-0.44	0.77	-0.11	-0.44	0.98	0.69	0.55	0.66	0.91	-0.56	0.85	0.88	0.16	0.92	0.54	-0.92	0.4	0.31
Total Stockholder Equity	0.96	-0.2	0.8	0.74		0.94	-0.18	0.97	0.01	0.95	0.27	0.01	0.7	0.48	0.6	0.36	0.81	-0.3	0.75	0.85	-0.2	0.64	0.24	-0.69	0.46	0.19
Property Plant And Equipment Net	0.97	0.03	0.72	0.68	0.94		0.03	0.85	0.07	0.99	0.3	0.07	0.63	0.6	0.82	0.17	0.72	-0.19	0.86	0.74	-0.13	0.56	0.2	-0.62	0.69	0.31
Net Debt	0.03	0.89	0.01	0.18	-0.18	0.03		-0.34	-0.34	0.06	0.06	-0.34	0.19	0.52	0.44	-0.26	-0.14	0.22	0.37	-0.12	0.59	0.01	0.02	0.02	0.39	0.73
Retained Earnings	0.89	-0.4	0.81	0.71	0.97	0.85	-0.34		-0.09	0.88	0.23	-0.09	0.68	0.31	0.45	0.5	0.83	-0.41	0.64	0.81	-0.32	0.66	0.28	-0.71	0.27	0.02
Cash	-0.03	0.12	-0.43	-0.44	0.01	0.07	-0.34	-0.09		-0.03	0.27	1.0	-0.47	-0.04	0.08	-0.69	-0.33	0.46	-0.17	-0.04	-0.03	-0.49	-0.37	0.41	0.33	-0.06
Non Current Assets Total	0.99	0.03	0.8	0.77	0.95	0.99	0.06	0.88	-0.03		0.27	-0.03	0.72	0.63	0.81	0.27	0.78	-0.27	0.9	0.8	-0.09	0.64	0.28	-0.7	0.65	0.34
Non Currrent Assets Other	0.21	0.21	-0.11	-0.11	0.27	0.3	0.06	0.23	0.27	0.27		0.27	-0.19	-0.1	0.23	-0.41	-0.16	0.25	0.09	-0.07	-0.12	-0.35	-0.22	0.3	0.06	0.39
Cash And Short Term Investments	-0.03	0.12	-0.43	-0.44	0.01	0.07	-0.34	-0.09	1.0	-0.03	0.27		-0.47	-0.04	0.08	-0.69	-0.33	0.46	-0.17	-0.04	-0.03	-0.49	-0.37	0.41	0.33	-0.06
Net Receivables	0.78	-0.04	0.97	0.98	0.7	0.63	0.19	0.68	-0.47	0.72	-0.19	-0.47		0.68	0.52	0.67	0.91	-0.65	0.82	0.87	0.08	0.96	0.65	-0.95	0.4	0.26
Common Stock Shares Outstanding	0.65	0.51	0.59	0.69	0.48	0.6	0.52	0.31	-0.04	0.63	-0.1	-0.04	0.68		0.75	0.07	0.5	-0.13	0.82	0.65	0.42	0.55	0.32	-0.55	0.79	0.6
Non Current Liabilities Total	0.78	0.46	0.52	0.55	0.6	0.82	0.44	0.45	0.08	0.81	0.23	0.08	0.52	0.75		-0.07	0.48	-0.07	0.91	0.52	0.11	0.41	0.22	-0.48	0.91	0.49
Inventory	0.32	-0.61	0.72	0.66	0.36	0.17	-0.26	0.5	-0.69	0.27	-0.41	-0.69	0.67	0.07	-0.07		0.7	-0.74	0.29	0.49	-0.15	0.79	0.52	-0.75	-0.27	-0.29
Other Current Assets	0.83	-0.32	0.97	0.91	0.81	0.72	-0.14	0.83	-0.33	0.78	-0.16	-0.33	0.91	0.5	0.48	0.7		-0.65	0.76	0.9	-0.2	0.93	0.57	-0.95	0.36	-0.04
Other Stockholder Equity	-0.32	0.47	-0.65	-0.56	-0.3	-0.19	0.22	-0.41	0.46	-0.27	0.25	0.46	-0.65	-0.13	-0.07	-0.74	-0.65		-0.33	-0.47	0.42	-0.77	-0.94	0.75	0.01	0.25
Total Liab	0.9	0.27	0.82	0.85	0.75	0.86	0.37	0.64	-0.17	0.9	0.09	-0.17	0.82	0.82	0.91	0.29	0.76	-0.33		0.77	0.15	0.73	0.41	-0.76	0.77	0.47
Total Current Assets	0.86	-0.15	0.9	0.88	0.85	0.74	-0.12	0.81	-0.04	0.8	-0.07	-0.04	0.87	0.65	0.52	0.49	0.9	-0.47	0.77		0.02	0.83	0.44	-0.85	0.48	0.16
Short Term Debt	-0.08	0.63	-0.05	0.16	-0.2	-0.13	0.59	-0.32	-0.03	-0.09	-0.12	-0.03	0.08	0.42	0.11	-0.15	-0.2	0.42	0.15	0.02		-0.06	-0.3	0.1	0.13	0.64
Accounts Payable	0.7	-0.24	0.95	0.92	0.64	0.56	0.01	0.66	-0.49	0.64	-0.35	-0.49	0.96	0.55	0.41	0.79	0.93	-0.77	0.73	0.83	-0.06		0.73	-0.98	0.31	0.03
Common Stock	0.32	-0.17	0.59	0.54	0.24	0.2	0.02	0.28	-0.37	0.28	-0.22	-0.37	0.65	0.32	0.22	0.52	0.57	-0.94	0.41	0.44	-0.3	0.73		-0.71	0.21	-0.03
Current Deferred Revenue	-0.75	0.24	-0.96	-0.92	-0.69	-0.62	0.02	-0.71	0.41	-0.7	0.3	0.41	-0.95	-0.55	-0.48	-0.75	-0.95	0.75	-0.76	-0.85	0.1	-0.98	-0.71		-0.38	-0.01
Common Stock Total Equity	0.64	0.53	0.36	0.4	0.46	0.69	0.39	0.27	0.33	0.65	0.06	0.33	0.4	0.79	0.91	-0.27	0.36	0.01	0.77	0.48	0.13	0.31	0.21	-0.38		0.41
Property Plant And Equipment Gross	0.31	0.76	0.14	0.31	0.19	0.31	0.73	0.02	-0.06	0.34	0.39	-0.06	0.26	0.6	0.49	-0.29	-0.04	0.25	0.47	0.16	0.64	0.03	-0.03	-0.01	0.41

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Hess Account Relationship Matchups

Hess fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	18.8B	20.5B	21.7B	24.0B	27.6B	20.3B
Short Long Term Debt Total	9.1B	9.1B	9.2B	9.6B	11.0B	11.6B
Other Current Liab	1.2B	1.6B	1.6B	2.1B	2.4B	2.2B
Total Current Liabilities	1.6B	3.1B	2.3B	3.3B	3.8B	3.8B
Total Stockholder Equity	5.4B	6.3B	8.0B	9.0B	10.3B	8.8B
Property Plant And Equipment Net	14.7B	14.7B	15.8B	18.3B	21.0B	13.4B
Net Debt	7.3B	6.4B	6.7B	7.9B	9.1B	9.6B
Retained Earnings	130M	379M	1.5B	2.3B	2.7B	2.5B
Cash	1.7B	2.7B	2.5B	1.7B	1.9B	1.1B
Non Current Assets Total	15.7B	16.2B	17.8B	20.6B	23.7B	15.8B
Non Currrent Assets Other	1.0B	1.5B	1.5B	1.6B	1.9B	2.0B
Cash And Short Term Investments	1.7B	2.7B	2.5B	1.7B	1.9B	1.1B
Net Receivables	860M	1.2B	1.2B	1.3B	1.5B	2.1B
Common Stock Shares Outstanding	304.8M	309.3M	309.6M	307.6M	353.7M	318.7M
Liabilities And Stockholders Equity	18.8B	20.5B	21.7B	24.0B	27.6B	20.3B
Non Current Liabilities Total	10.9B	10.4B	10.8B	11.1B	12.8B	7.5B
Inventory	378M	223M	217M	304M	273.6M	259.9M
Other Current Assets	104M	199M	66M	108M	124.2M	118.0M
Other Stockholder Equity	5.7B	6.0B	6.2B	6.5B	7.5B	7.8B
Total Liab	12.5B	13.5B	13.1B	14.4B	16.6B	11.3B
Total Current Assets	3.1B	4.3B	3.9B	3.4B	3.9B	4.5B
Short Term Debt	172M	695M	445M	681M	783.2M	822.3M
Accounts Payable	200M	220M	285M	402M	462.3M	439.2M
Accumulated Other Comprehensive Income	(755M)	(406M)	(131M)	(134M)	(120.6M)	(126.6M)
Common Stock	305M	307M	310M	306M	353.1M	335.4M
Current Deferred Revenue	(200M)	(220M)	133M	(85M)	(76.5M)	(80.3M)
Common Stock Total Equity	305M	307M	310M	306M	351.9M	241.0M
Property Plant And Equipment Gross	14.7B	31.2B	32.6B	37.6B	43.2B	45.4B
Other Liab	1.8B	1.9B	1.9B	1.9B	2.2B	2.4B
Other Assets	705M	1.3B	1.5B	2.0B	2.3B	1.8B
Long Term Debt	8.3B	7.9B	8.3B	8.3B	9.5B	6.2B
Property Plant Equipment	16.8B	14.1B	14.7B	15.8B	18.2B	18.2B
Noncontrolling Interest In Consolidated Entity	974M	969M	726M	641M	737.2M	656.5M
Retained Earnings Total Equity	3.5B	130M	379M	1.5B	1.3B	1.3B
Deferred Long Term Liab	415M	342M	383M	418M	376.2M	357.4M

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